{"id":8631,"date":"2011-11-11T09:06:05","date_gmt":"2011-11-11T14:06:05","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=8631"},"modified":"2011-11-11T09:08:51","modified_gmt":"2011-11-11T14:08:51","slug":"debunking-the-right-wing-meme-that-the-obama-administration-is-anti-business","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2011\/11\/11\/debunking-the-right-wing-meme-that-the-obama-administration-is-anti-business\/","title":{"rendered":"Debunking The Right-Wing Meme That The Obama Administration Is Anti-Business"},"content":{"rendered":"

The Think Progress<\/em> article Debunking The Right-Wing Meme That The Obama Administration Is Anti-Business<\/a><\/strong>\u00a0 sums up the video thusly:<\/p>\n

To sum up: In 2010, corporate profits hit an all-time high of $1.37 trillion, business spending increased at least 13 percent between 2009 and 2010, and businesses have been sitting on $2 trillion in cash reserves. Meanwhile, the stock market has performed spectacularly. Indeed, corporate and financial sector profits seem to be the only portions of the economy enjoying a significant recovery from the collapse, as employment, job growth, and housing continue to severely under-perform. As economist and New York Times columnist Paul Krugman pithily observed in January, this seems to be nothing more than a \u201cMa, he\u2019s looking at me funny!\u201d complaint over the president\u2019s rhetoric and style.<\/p><\/blockquote>\n

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